BeWhere Holdings Inc. Announces a New Industry Whitepaper: 5G-Satellite IoT Integration Unlocks $10 Billion Global Asset Tracking Market
Rhea-AI Summary
BeWhere Holdings (TSXV: BEW) (OTCQB: BEWFF) has released a new industry whitepaper co-authored with GSMA Foundry highlighting the transformation of global asset tracking through 5G-satellite integration. The report reveals that the integrated satellite-IoT devices market is projected to reach $10 billion in annual revenue by 2030, with 2-3 billion IoT devices ready for satellite integration out of 38 billion total devices.
The whitepaper, titled 'Smart Logistics 2025,' details how tracking devices can now switch between multiple networks including Bluetooth, Wi-Fi, LTE-M, NB-IoT, and satellite. These devices feature advanced sensors for monitoring temperature, handling conditions, impact events, and inventory levels, incorporating solar charging for satellite transmission power demands.
According to GSMA intelligence, by 2032, approximately 68% of 57.7 million satellite IoT units will utilize 5G or standard protocols. The technology addresses connectivity gaps in 75% of the world's geographic regions, enabling new business models across industries.
Positive
- Projected $10B annual revenue market opportunity by 2030
- Technology addresses 75% of world's geographic connectivity gaps
- Large addressable market with 2-3B IoT devices ready for satellite integration
- Solar charging capability reduces operational costs
- Multiple network compatibility increases service reliability
Negative
- Higher power demands required for satellite transmission
- Complex integration needed across multiple network protocols
- Market penetration dependent on widespread 5G adoption
Toronto, Ontario--(Newsfile Corp. - February 25, 2025) - BeWhere (TSXV: BEW) (OTCQB: BEWFF) ("BeWhere" or the "Company"), a leading Mobile Internet of Things (M-IoT) company announces the launch of a new industry whitepaper on the future of Smart Logistics.
The integration of 5G and satellite technologies is set to transform global asset tracking, addressing a critical blind spot in supply chain management that has historically impacted up to
The whitepaper, "Smart Logistics 2025: Designing Integrated 5G and Satellite Solutions for Global Asset Tracking," reveals that the market for integrated satellite-IoT devices is projected to reach
"The ability for tracking devices to intelligently switch between 5G and satellite networks marks a paradigm shift, offering unprecedented connectivity. This solution provides both global coverage and economic viability, revolutionizing supply chain visibility and control," says Owen Moore, CEO of BeWhere, a pioneer in low-power 5G IoT tracking technology.
The convergence enables next-generation tracking devices to seamlessly switch between multiple networks-including Bluetooth, Wi-Fi, LTE-M, NB-IoT, and satellite-based on availability and power efficiency requirements. These latest generation tracking devices incorporate sophisticated sensors for monitoring temperature, handling conditions, impact events, and inventory levels, while incorporating innovative solar charging to address the higher power demands of satellite transmission.
"The convergence of AI, IoT, 5G, and satellite technologies is creating transformative opportunities in the logistics management sector and the wider enterprise market," notes Alex Sinclair, CTO of GSMA. By 2032, an estimated
The technology is already enabling new business models across industries, from remote inventory management to sharing economy applications, while AI-driven analytics optimize routes, predict maintenance needs, and automate inventory management.
Download the full 2025 report here
About the authors
BeWhere are pioneers in low-power 5G IoT wide-area tracking technology, creating remote monitoring solutions that address cost, power, and environmental challenges. In just 7 years, the company has experienced rapid growth, collaborating with top resellers and installers to deploy hundreds of thousands of trackers across numerous sectors, including transportation, construction, logistics, utilities, health, and government.
BeWhere's tracking solutions are designed to be both cost-effective and simple to implement, significantly expanding the scope of assets that can be connected. These connected devices generate data that powers intelligent AI management platforms. By increasing the number of connected devices, BeWhere enhances the capabilities and growth potential of AI solutions.
The GSMA is a global organisation unifying the mobile ecosystem to discover, develop and deliver innovation foundational to positive business environments and societal change. Our vision is to unlock the full power of connectivity so that people, industry and society thrive.
The GSMA Foundry is where cross-industry collaboration and business development make for world-changing transformation. Where great ideas combine with resources, contacts and expertise - and fast-track real-world solutions to industry challenges.
Contact Information
BeWhere Inc.
Margaux Berry, VP Strategy and Growth
1 (844) 229-4373 x 107
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/242310
FAQ
What is the projected market size for integrated satellite-IoT devices according to BeWhere's (BEWFF) whitepaper?
How many IoT devices are expected to be satellite-ready by 2030 according to BEWFF's report?
What percentage of satellite IoT units will use 5G by 2032 according to BeWhere's study?
What networking capabilities does BeWhere's (BEWFF) new tracking technology include?
What geographical coverage gap does BeWhere's (BEWFF) satellite-IoT solution address?
